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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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million in new financing. Tesla and will address a wide range of applications from audio speakers, magnetic sensors and consumer appliances to industrial motors and automotive accessory motors. Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 2019.165962.

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Tesla Supplier LG Energy Solution tempers 2024 revenue expectations

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Tesla supplier LG Energy Solution (LGES) warned of slow revenue growth in 2024. The South Korean battery supplier and Tesla CEO Elon Musk appear to share similar concerns about high interest rates affecting electric vehicle car sales. “I am worried about the high interest rate environment that we’re in.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.

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Elon Musk: Tesla is suspending Bitcoin payment options until it’s more sustainable

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Tesla CEO Elon Musk announced on Twitter that Tesla would be suspending the option to pay for vehicles using Bitcoin, as “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” ” Tesla invested $1.5

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Nio garners $2.2 billion investment from UAE fund

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Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times. We are looking for new investors, and financing is one of our daily jobs,” Qin said. “We Nio is aiming to enter the U.S.

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Tesla analysts still confident in TSLA despite Giga Shanghai shutdown and supply chain challenges

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Tesla analysts from Roth Capital Partners and Deutsche Bank are confident in TSLA stock and the company’s fundamentals. Tesla delivered a whopping 310,048 vehicles in Q1 2022 , setting another record for deliveries in a quarter. Tesla delivered 184,800 Model 3 and Model Y vehicles in Q1 2021. They were shut down.

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

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Tesla’s ( NASDAQ:TSLA ) 2023 annual shareholder meeting, also known as the 2023 Cyber Roundup, is here. There’s quite a lot of excitement leading into the event, especially with regards to the potential return of Tesla co-founder JB Straubel as a member of the company’s Board of Directors.

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